of  

or
Sign in to continue reading...

Amman Stock Exchange Daily Report - 11 December

IM Insights
By IM Insights
4 years ago
Amman Stock Exchange Daily Report - 11 December


Create FREE account or Login to add your comment
Comments (0)


Transcription

  1. Amman Stock Exchange 11-Dec-19 AMMAN SE GENERAL INDEX 1 ,910 Close % Change 1,805.95 0.30% Year-to-Date (YTD) -5.39% Daily Volume (shares) 6,091,962 Daily Turnover (JOD) 6,706,933 6 MONTHS INDEX PERFORMANCE 1,890 1,870 1,850 1,830 1,810 1,790 1,770 1,750 Best Performing Companies ARAB ALUMINIUM INDUSTRY NOOR CAPITAL MARKETS FOR DIV ARABIAN STEEL PIPES SABA'EK INVESTMENT AL ENTKAEYA FOR INVESTMENT Worst Performing Companies % Change 7.04 4.64 4.29 4.17 4.11 Top Traded Companies by Volume (Shares) CAPITAL BANK OF JORDAN RUM TOURIST TRANSPORTATION C AL ENTKAEYA FOR INVESTMENT AD-DULAYL INDUSTRIAL PARK CO JORDAN AHLI BANK * Source: Bloomberg 2,323,188 454,650 325,754 305,983 235,658 REAL ESTATE DEVELOPMENT AL-TAJAMOUAT FOR CATERING HS SURA DEVELOPMENT AND INVESTM AMAD INVESTMENT & REAL ESTAT JORDAN INTL INSURANCE % Change (3.03) (3.13) (3.33) (3.51) (4.44) Top Traded Companies by Value (JOD) CAPITAL BANK OF JORDAN AL EQBAL CO FOR INVESTMENT P JORDAN PETROLEUM REFINERY CO SPECIALIZED INVESTMENT COMPO AL ENTKAEYA FOR INVESTMENT 2,311,895 1,347,972 368,376 361,725 244,905
  2. Macroeconomic & Corporate News Jordan industrial exports rise by 8.7% in ten months The value of the country’s industrial exports during the first 10 months of 2019 posted an 8.7 per cent increase as it reached JD4.933 billion, compared to the figure recorded at the end of the same period last year, according to a report by the Jordan Chamber of Industry, the Jordan News Agency, Petra, said. Leather and textiles exports were exported at around JD1.309 billion up from JD1.112 billion, recording a 17.7 per cent increase. Exports of the chemical and cosmetics sector grew by 18.4 per cent to JD815 million from JD689 million, the news agency added. Mining sector exports totalled JD906 million compared to JD893 million, up by 1.5 per cent. Among the sectors that saw a decline in their exports were engineering and ICT industries, packaging industries, and wood and furniture industries. King, Azeri president hold talks in Baku on expanding cooperation His Majesty King Abdullah and Azeri President Ilham Aliyev agreed at Zagulba Palace in Baku on Tuesday to expand cooperation, especially in economy, investment, tourism, agriculture and defence industries, as well as capitalise on the agreements signed between the two countries. During bilateral talks, which were followed by expanded talks attended by senior officials from both countries, discussions covered the strong ties between Jordan and Azerbaijan and the importance of maintaining coordination and consultation on issues of mutual concern, according to a Royal Court statement. Saudi Aramco shares open at 35.2 riyals, valuing it at $1.88 trillion Saudi Aramco’s shares soared to hit the 10 percent limit to reach 35.2 riyals ($9.39) per share on its trading debut on Wednesday, giving the oil giant a valuation of $1.88 trillion, and making it the most valuable company in the world ahead of Apple Inc, and the five largest energy majors. Shares worth more than 750 million riyals ($200 million) had exchanged hands by 11:28 Saudi Arabia time. Should Aramco's share price gains hold on Wednesday, the company could reach a $2 trillion valuation on Thursday - the inital price that authorities targeted. Aramco set its IPO price at the top end of an indicative price range of 30 riyals to 32 riyals per share ($8-$8.53) and raised $25.6 billion, making it the largest IPO in history. The strong demand for Aramco’s shares signals investor appetite for a mega-cap energy stock. An OPEC+ decision to rein in an oil glut by deepening the current output cut by 500,000 barrels a day is expected to prop up oil prices. * Source: Bloomberg, Jordan Times, Zawya Disclaimer Awraq Investments and its affiliates obtain information from sources they believe to be reliable, but do not warrant its accuracy or fitness for a particular purpose, and disclaim for themselves and their information providers all liability arising from the use. The Information in this publication is provided in good faith for informational purposes only. The information provided is not offered as tax, legal, or investment advice, or an offer to buy or sell securities or otherwise. The information provided in this publication may be displayed and printed for your personal, non-commercial use only. You may not reproduce, re-transmit, distribute, disseminate, sell, publish, broadcast, or circulate the information in any form or media to anyone, without the expressed written consent of Awraq Investments. Awraq Investments is not liable for any loss resulting from any action taken or reliance made by any person on any information or material posted by it. You should make your own inquiries and seek independent advice from relevant industry professionals before acting or relying on any information or material made available to you in this publication. You rely on this information at your own risk. Awraq Investments, its subsidiaries, parent, and/or any connected parties, may act or trade and/or enter into any transaction that maybe inconsistent or disregard any information contained herein.